$3,690,000 Ground Up Construction Loan

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July 22, 2022

Truckee, CA – When complete, the subject property will be a well-appointed 4,750 sq ft,

5-bedroom, 5.5-bathroom estate on .53 acres just north of Lake Tahoe in the High Sierras. Our experienced repeat borrower had a short window to close the lot purchase. He came to us because of his previous experience with our quick and smooth underwriting process. The loan also included 100% of the ground-up construction budget for this beautiful property. The borrower will exit our loan with a sale of the property when completed.

Closing Highlights:

  • 70% Loan to Completed Value
  • Experienced Repeat Borrower
  • Three-Week Close

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